The price of OPEC basket of eleven crudes stood at 68.23 dollars a barrel on Tuesday, June 19, compared with 67.90 dollars the previous day, according to OPEC Secretariat calculations.

Climate change worries coupled with high oil prices and increasing government support top a set of drivers fueling soaring rates of investment in the renewable energy and energy efficiency industries, according to a trend analysis from the UN Environment Programme.

Oil prices held steady around US$68 a barrel in Asian trading on Monday, June 18, on lingering concerns U.S. gasoline supplies are still not meeting peak summer demand.

Oil prices were little changed Friday after rising overnight to a nine-month-high finish on worries the U.S. refining industry can't meet peak summer gasoline demand.

Oil prices were mixed in Asian trade Thursday, June 14, after a surprising US report showed little change in gasoline (petrol) inventories, dealers said.

Optimism remains stable for individual companies

Oil prices are stable above $71 a barrel on Thursday, nearing their highest in nine months even as a raid by Turkish troops into northern Iraq revived Middle East geopolitical jitters.

Indias trade deficit nearly doubled in April, the first month of the financial year, from a year ago as costs for imported oil jumped, the government said in a statement Sunday, June 3rd.

Oil prices rose Wednesday, June 6th amid forecasts that the strongest storm to hit the Arabian Peninsula in 60 years was barreling toward Iran, a major oil producer, and the oil-rich Persian Gulf.

Oil prices fellon Tuesday, June 5th, as Middle East cyclone fears eased.

Oil held steady above $68 a barrel on Friday, June 1, building on May 31st's day's gains after an unexpected fall in U.S. crude oil stockpiles last week.

Oil prices fell ahead of the release of a US government report expected to show US crude and gasoline supplies rose last week.